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Taiwan attracts 1.6 bln USD investment from mainland since 2009

Xinhua, June 20, 2016 Adjust font size:

Taiwan has accumulatively attracted nearly 1.6 billion U.S. dollars of investment in 856 cases from mainland firms since June 2009 when it opened to mainland investors, said the island's economic authority on Monday.

The wholesale and retail, banking and electronic products are the top three sectors for mainland investment in Taiwan, showed statistics released by the island's investment approval authority.

In the first five months this year, the authority approved 67 investment programs from the mainland with a total value of 153 million dollars, up 15 percent and 233 percent respectively from the same period last year.

During the same period, Taiwan firms' investment in the mainland was 3.4 billion dollars, a year-on-year drop of 2.2 percent from last year. Endi